Annual Report for Financial Year 2024-25 is attached

Chowgule Steamships has submitted its Annual Report for FY 2024-25 along with the notice for its 62nd Annual General Meeting scheduled for August 8, 2025 in Vasco-Da-Gama, Goa. The AGM agenda includes adoption of audited financial statements, re-appointment of Mr. Ramesh Chowgule (who retires by rotation), and multiple related-party transactions requiring shareholder approval. Key RPTs include inter-corporate deposits of up to INR 1,000 Lakhs with promoter Dolphin Investments Limited (plus ratification of INR 1,250 Lakhs already advanced and INR 175 Lakhs in interest at 7% p.a.), liasoning fees of up to INR 300 Lakhs per annum to Dolphin (with INR 334.50 Lakhs past fees up for ratification), and property leasing arrangements with Chowgule Lavgan Shiprepair Pvt Ltd and Angre Port Pvt Ltd (up to INR 300 Lakhs rent and INR 100 Lakhs security deposit each). The company also seeks approval for a loan/ICD of up to INR 1,000 Lakhs to Angre Port Pvt Ltd, continuation of directors over 75 years (Rohini and Ramesh Chowgule), re-appointment of Independent Director Amit Khandelwal for a second term, and appointment of M/s Pranay D. Vaidya and Co. as Secretarial Auditor for five years.